India stands at a crossroads requiring a leap beyond traditional growth models to adopt a greener, more resilient economic future. India’s bioeconomy grew dramatically from $10 billion in 2014 to $165.7 billion in 2024, expanding 16 times over the 10 years and accounting for 4.25% of the country’s GDP. This growth has been bolstered by over 10,000 bio-economy start-ups.

The industrial bioeconomy — comprising biofuels and bioplastics — accounts for the largest share at approximately 47%, followed by pharmaceuticals at 35%, with emerging areas such as research and IT (including clinical trials and bioinformatics) also expanding rapidly. India has also achieved major milestones, with the government ensuring 20% ethanol blending in petrol and the country being the world’s third-largest pharma

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